Talented Young Musicians Association Inc
- Assets
- $78.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Warren, NJ
- Founding
- 12/2005
- Data as of
- 12/2021
- EIN
- 51-0545964
Organization Overview
Talented Young Musicians Association Inc is located in Warren, NJ. The organization was established in 2005. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Talented Young Musicians Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Talented Young Musicians Association Inc generated $43.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $25.5k during the year ending 12/2021. While expenses have increased by 1.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO ADVANCE & STRENGTHEN CHILDREN AND PUBLIC EDUCATION THROUGH PROMOTION OF THE ARTS AND TO AID PROMISING MUSIC PERFORMERS TO FURTHER THEIR CAREERS OF MUSICAL ARTISTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lioudmila Kozlova President | 20 | $0 | |
Dorela Cheban Sec/treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,746 |
| Total Program Service Revenue | $22,443 |
| Membership dues | $0 |
| Investment income | $22 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $630 |
| Total Revenue | $43,841 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,550 |
| Occupancy, rent, utilities, and maintenance | $10,000 |
| Printing, publications, postage, and shipping | $549 |
| Other expenses | $13,426 |
| Total expenses | $25,525 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,179 |
| Other assets | $0 |
| Total assets | $78,926 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,926 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Talented Young Musicians Association Inc has recieved totaling $5,910.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,910 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Whyhunger Inc New York, NY | $5,607,325 | $7,869,621 |
Caramoor Center For Music & The Arts Inc Katonah, NY | $49,439,168 | $6,140,543 |
Save The Music Foundation New York, NY | $5,156,662 | $8,206,045 |
American Friends Of Les Arts Florissants Inc New York, NY | $1,107,997 | $2,546,808 |
Chicken & Egg Pictures Inc Brooklyn, NY | $9,525,742 | $4,390,371 |
Young Concert Artists Inc New York, NY | $10,777,916 | $2,607,839 |
Play On Philly Philadelphia, PA | $3,128,034 | $1,933,765 |
New Music Usa Inc New York, NY | $21,074,524 | $3,287,635 |
Original Music Workshop Inc Brooklyn, NY | $4,224,196 | $2,706,667 |
Aaron Copland Fund For Music Inc New York, NY | $18,112,112 | $2,664,671 |
Liveconnections Org Philadelphia, PA | $1,829,032 | $2,774,957 |
Sing For Hope Inc New York, NY | $2,840,187 | $1,889,471 |